Globe Life Inc. Announces Dual Listing on NYSE Texas

Rhea-AI Summary

Globe Life Inc. (NYSE: GL) has announced its dual listing on NYSE Texas, a new fully electronic equities exchange based in Dallas, while maintaining its primary listing on the New York Stock Exchange. The company will continue trading under the ticker symbol "GL" on both exchanges.

Globe Life's Co-Chairman and CEO Frank Svoboda emphasized that this decision reinforces their commitment to Texas, where the company is headquartered. The NYSE Group welcomed Globe Life as a Founding Member of NYSE Texas, recognizing the company's significant presence as an insurance provider in the state.

Positive

• Becomes a Founding Member of NYSE Texas, potentially increasing regional visibility
• Maintains NYSE primary listing while expanding market presence
• Strategic alignment with company's Texas headquarters location

Negative

• None.

MCKINNEY, Texas, Aug. 14, 2025 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same "GL" ticker symbol on NYSE Texas.

"The decision to dual list on NYSE Texas strengthens our commitment to the communities that are a part of the great state of Texas which is home to Globe Life headquarters," said Globe Life Co-Chairman and CEO, Frank Svoboda. "We deeply value our relationship with the New York Stock Exchange as it continues to play a fundamental role in our financial strength."

"As a key insurance provider in the Lone Star state, we are excited to welcome Globe Life to NYSE Texas as a Founding Member," said Chris Taylor, Chief Development Officer, NYSE Group.

About Globe Life

About Globe Life: Globe Life (NYSE: GL) is headquartered in McKinney, TX, and has more than 16,000 insurance agents and 3,600 corporate employees. With a mission to Make Tomorrow Better, Globe Life and its subsidiary companies issue more life insurance policies and have more policyholders than any other life insurance company in the country, with more than 17 million policies in force (excluding reinsurance companies; as reported by S&P Global Market Intelligence 2024). Globe Life's insurance subsidiaries include American Income Life Insurance Company, Family Heritage Life Insurance Company of America, Globe Life And Accident Insurance Company, Liberty National Life Insurance Company, and United American Insurance Company. More information is available at GlobeLifeInsurance.com.

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SOURCE Globe Life Inc.

FAQ

What does Globe Life's dual listing on NYSE Texas mean for shareholders?

Globe Life's dual listing means the stock will trade on both NYSE Texas and the New York Stock Exchange under the symbol 'GL', potentially providing increased trading accessibility while maintaining its primary NYSE listing.

When will Globe Life (GL) begin trading on NYSE Texas?

While the exact trading start date wasn't specified in the announcement made on August 14, 2025, Globe Life will trade under the same 'GL' ticker symbol on both NYSE Texas and the New York Stock Exchange.

Why did Globe Life choose to list on NYSE Texas?

Globe Life chose to list on NYSE Texas to strengthen its commitment to Texas communities, where the company is headquartered, while maintaining its relationship with the New York Stock Exchange.

What is NYSE Texas and how does it relate to Globe Life's listing?

NYSE Texas is a new fully electronic equities exchange headquartered in Dallas, TX. Globe Life has joined as a Founding Member, while maintaining its primary listing on the New York Stock Exchange.